Below is a glossary of terms that are used in the online trading industry. Select the first letter of the word you are seeking from the list above to jump to the appropriate section of the glossary.
What is the daily change?
The daily change represents the fluctuation of any given security over the course of a trading session. It is measured very simply by comparing the price of the security at the end of a trading session to its closing price at the end of the previous session.
How does one use the daily change?
The importance of the daily change is quite straightforward.
- It enables traders to track how much money they have earned or lost during a day’s trading.
- It is used, together with the daily changes of previous and subsequent days to determine long-range trends of the security, thus providing traders with an excellent technical analysis tool for building trading strategies.
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